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VOLANT closes Series A++ funding for eVTOL development
VOLANT closes Series A++ funding for eVTOL development

Recently, Chinese low-altitude economy company Volant Aerotech (VOLANT) announced the completion of Series A++ funding round, which raised for the company over a hundred million yuan.

Jun. 12 , 2024
Polar Bear Tech secures new funding to develop first independent chiplet product library
Polar Bear Tech secures new funding to develop first independent chiplet product library

Recently, Chinese chiplet design company Polar Bear Tech announced the completion of a new round of financing, introducing V Fund as an investor.

Jun. 12 , 2024
GAC Energy, Foshan Communications Development team up to build energy ecosystem for new energy vehicles
GAC Energy, Foshan Communications Development team up to build energy ecosystem for new energy vehicles

On June 11, GAC Energy Technology Co., Ltd., a subsidiary of GAC Group, signed a cooperation framework agreement with Foshan Communications Development Co., Ltd.

Jun. 12 , 2024
Autoliv breaks ground on new factory in China’s Hefei city
Autoliv breaks ground on new factory in China’s Hefei city

On June 12, 2024, Autoliv marked a new milestone in its strategic expansion in China by holding a groundbreaking ceremony for its new factory in the Economic Development Zone of Feixi County, Hefei city.

Jun. 12 , 2024
Huawei’s Harmony Intelligent Mobility Alliance unveils Luxeed R7 coupe SUV
Huawei’s Harmony Intelligent Mobility Alliance unveils Luxeed R7 coupe SUV

Yu Chengdong, announced via his Weibo account that the first coupe SUV under Huawei's smart selection vehicle alliance, HIMA (Harmony Intelligent Mobility Alliance), the Luxeed R7, is set to debut.

Jun. 12 , 2024
Dongfeng Motor Group’s auto sales drop 13.02% YoY in May 2024
Dongfeng Motor Group’s auto sales drop 13.02% YoY in May 2024

On June 11, Dongfeng Motor Group Company Limited (Dongfeng Motor Group) announced that it sold 147,206 vehicles in the fifth month of 2024, representing a 13.02% decline year-on-year.

Jun. 12 , 2024